Adriana Marinescu is an associate editor with Commercial Property Executive and Multi-Housing News. She joined the CPE-MHN team in 2019.
Vacant Office Property Sells in Orange County
The 65,000-square-foot property in Orange, Calif., will be transformed into a senior housing facility. NAI Capital represented both seller and buyer in the deal.
Luxury Community Coming to Orlando’s MetroWest
RISE: A Real Estate Co. has broken ground on the 442-unit West Vue, the area’s first multifamily development in more than a decade.
Atlanta-Area Community Commands $31M
With the assistance of Cushman & Wakefield, Wilkinson Group sold the 220-unit community in Villa Rica for almost double the price when it traded in 2014.
AKAM Wins Miami Luxury Condo Management Contract
The firm continues to expand in South Florida, where it now oversees some 21,000 units.
Construction Complete for South Florida Senior Community
Watercrest Senior Living Group and United Properties will soon welcome residents at the 128-unit luxury senior facility offering assisted living and memory care services.
Walden Group Expands Atlanta Footprint With $44M Buy
The company acquired two Class B communities totaling 432 units in Marietta, Ga. A Berkadia team assisted the seller in the transaction.
Cincinnati Senior Housing Project Gets $24M
The 82-unit senior community will offer assisted living, memory care and rehabilitation services. The development is slated for completion in early 2021, at the latest.
Jacksonville Community Changes Hands for $25M
Opal Holdings sold the 288-unit multifamily asset located 2 miles west of Regency Plaza Shopping Center.
FCP Completes 6th Atlanta Acquisition This Year
The company paid $19 million for a 234-unit garden-style property in Clarkston, Ga. Cushman & Wakefield assisted the seller in the deal.
Hampton Roads Project Gets $22M Financing
Bellwether Enterprise secured the loan for the developer of the 162-unit community, set for completion in late 2020.